Kulicke & Soffa Third Quarter Fiscal 2011 Results Exceed High-End of Guidance

SINGAPORE — (BUSINESS WIRE) — August 2, 2011 — Kulicke & Soffa Industries, Inc. (NASDAQ: KLIC) (“K&S” or the Company”) today announced results for its third fiscal quarter ended July 2, 2011.

For its third quarter of fiscal 2011, the Company reported net revenue of $294.4 million and net income of $70.7 million, or $0.95 per diluted share.

Quarterly Results
   

Fiscal Q3 2011

  Change vs.

Fiscal Q3 2010

  Change vs.

Fiscal Q2 2011

Net Revenue   $294.4 million   33.1%   42.4%
Gross Profit   $134.1 million   35.2%   35.5%
Gross Margin   45.5%   70 bps   (240) bps
Income from Operations $81.7 million 63.1% 87.1%
Operating Margin   27.7%   510 bps   660 bps
Net Income $70.7 million 44.1% 77.3%
Net Margin   24.0%   180 bps   470 bps
EPS – Diluted   $0.95   46.2%   75.9%

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